Competition from Companies Making cheaper networking gear. Joining us is peterborough lows who covers cisco. Obviously the yost were not expected. Why now . There are probably people relieved because it was as high as 20 rumored. Now i think they are seeing emerging markets a lost a lot worse than they thought. Issues witho having phone carriers, about a third of their business, a very big market. There is a whole lot of change ahead of this company. Are struggling. They need to become more like google and facebook and change the infrastructure so it is less about Telecom Equipment that has to be tested and proven out over 35 years and be more like google and can crank out software eric quickly. It is all about software and not hardware. All about software. That is the transition they will have to get through. This kind of happens every year or has happened the past several years, they buy a lot of companies as well. How does it all add up . They are adding talent at the same time. You
Who covers cisco. Obviously the yost were not these layoffs were not expected. Why now . There are probably people relieved because it was as high as 20 rumored. Now i think they are seeing emerging markets a lot worse than they thought. They are also having issues with phone carriers, about a third of their business, a very big market. There is a whole lot of change ahead of this company. Phone companies are struggling. They need to become more like google and facebook and change the infrastructure so it is less about Telecom Equipment that has to be tested and proven out over 35 years and be more like google and can crank out software eric quickly. Software very quickly. So it is all about software and not hardware. All about software. That is the transition they will have to get through. They sell a lot of really big proprietary stuff. This kind of happens every year or has happened the past several years, they buy a lot of companies as well. How does it all add up . They are adding
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/PRNewswire/ Today, GUI experts AMETEK Crank release their 2022 trends, where wearable designs are going, and how low-power microcontrollers (MCU) will.